The People On The Bus

Neil discusses the importance of not going "round the bend" as tutors, teachers, and coaches in the business. He emphasises the limitations of being a sole trader and the necessity of scaling and scalability in the tutoring business. Neil shares personal experiences of being overwhelmed by day-to-day work and the realisation that hiring others to handle lower-value tasks can actually save time and increase profitability. He highlights the significance of surrounding oneself with the right people on the bus, such as assistants, partners, and service providers, to drive the business forward.  KEY TAKEAWAYS Scale and Scalability: It's important to consider the limitations of being a sole trader in the tutoring business and the impact it has on earning potential. Importance of Delegating: Hiring people to handle lower-value tasks can free up time for high-value activities, ultimately benefiting the business. Recognising the Need for Support: Acknowledging the impact of overworking and the importance of having a support system in place to avoid burnout. Strategic Time Management: Prioritising high-value tasks over lower-value ones can lead to more significant opportunities and growth for the business. Continuous Learning and Improvement: Being open to feedback and seeking wisdom from others can help in developing and evolving the tutoring business effectively. BEST MOMENTS "The problem with this business model is that we're human. Well, some more than human."  "Being human means that there's a limit on how much time you can actually spend teaching and helping people." "At some point, you'll have to stop teaching... What's your endgame?"  "Hiring people in to do work for me is a saving to the business." "Get the right people on the bus and then drive the bus. Or better still, get someone else to drive the bus for you."  VALUABLE RESOURCES www.Neilcowmeadow.com [email protected]  HOST BIO Neil Cowmeadow is a maverick peripatetic guitar teacher from Telford with over 19 years’ experience in the business of helping people. Learn how to start, grow and love your business with Neil’s invaluable advice and tips without the buzzwords and BS!